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It enables Sugar Babies to enjoy a life of luxury by being pampered with fine dinners, exotic trips, allowances and so on.
In return, Sugar daddies get sustained youthful support, affection, companionships and many more.
Who would pass up on a day of that followed by an evening of people-watching at an awkward dating mixer? Sugaring, in case you're new to the concept, is a type of relationship/lifestyle in which a Sugar Baby (SB) "provides companionship in exchange for being pampered," while a Sugar Daddy (SD) "pampers Sugar Babies in return for companionship." "Pampering" is obviously a broad term, and can include explicitly negotiated financial compensation — like an allowance, tuition payments, or an investment into a Sugar Baby's business venture — or simply gifts, trips, and other treats.
"Companionship" is an equally broad term, which can range from explicitly negotiated sexual contracts, to casual dating, to a monogamous relationship, to being a married Daddy's secondary partner.
A Sugar Baby in a successful arrangement can expect to receive monthly allowances, professional and social opportunities, and gifts from a Sugar Daddy or Sugar Mommy.